Part 1 (Use your company’s annual report)Please take a look at the Statement of Stockholders’ Equity. Tell us about the common stock that the companyhas issued including its outstanding shares. Also, take a look at a website, such as Yahoo Finance and findinformation about the corporation’s price per share and whether or not it issues a dividend. Please indicatewhat the balance is in the corporation’s retained earnings account.Part 2A stockbroker advises a client to “buy preferred stock…with that type of stock, you will never have to worryabout losing dividends.” Is the stockbroker correct? Please include information about cumulative preferredstock and dividends in arrears when developing your post.
Company’s annual report